Market Prediction for 1June 2026
Market Recap — Friday, May 30, 2026 The market saw a sharp sell-off on Friday: Index Close Change Nifty 50 23,547.75 -359.40 (-1.50%) 🔴 Sensex 74,775.74 -1,092.06 (-1.44%) 🔴 Bank Nifty 54,239.20 -614.65 (-1.12%) 🔴 GIFT Nifty (futures) 23 ,687 -0.15% from prev close Why the Fall? FII (विदेशी निवेशक) selling — persistent outflows Below-normal monsoon forecast concerns US-Iran agreement uncertainty triggering profit -booking 43 out of 50 Nifty stocks closed in red — massive breadth weakness Friday's Top Gainers (buc ked the trend) Stock Change Tech Mahindra +4.39 % ✅ Infosys +2.15% ✅ Bharti Airtel +1.70 % ✅ HCL Tech +1.44% ✅ Wipro +1.25% ✅ L&T +1.05% ✅ 🔑 Key observation : IT stocks were the ONLY sector in green on a brutal day. This shows strong momentum in IT/AI space. 📊 Monday (June 2) Market Outlook Technical Levels Index Support Resistance Nifty 50 23,353 / 23,232 23,743 / 23,864 Bank Nifty 53,589 / 53,187 54,889 / 55,291 Sensex 74,175 / 73,804 75 ,376 /...